Table of ContentsIntroduction. 5Horse Hauling Considerations. 5Horse Hauling Investment 6Managing and Accounting. 8Horse Hauling Chart of Accounts. 8Fixed Asset Account Selection Example. 8Income Account Selection Example. 9Expense Account Selection Example. 10Chart of Accounts Account Categories ad Account Selection Example. 11Horse Hauling Business Preferences. 12Horse Hauling Preferences Selection Example. 12Horse Hauling Department Identification. 13Horse Hauling Department Identification Example. 13Assigning Expense and Income to a Department 14Department Expense Assignment 15Purchase Expense Assigned to the Horse Hauling Department Example. 15Department Income Assignment 16Income ...

Purchasing (Prerequisites, Purchasing and Receipt Storage) PurchasingequineGenie is an enterprise management system. An enterprise management system does much more than an accounting system. Accounting systems record historical financial transactions. Accounting systems provide financial statements that are often too late to help manage a business. Most financial statements are good for the tax man and your banker but are of little use for day-to-day operating management. The history they provide shows how your business has done – and with a lot of extra work they can sometimes tell how a business might do in the future. equineGenie provides the accounting and the same ...

Inventory and Inventory Management (Rarely Understood, Financially Significant) IntroductionInventory in a horse business includes your expendable supplies like hay, grain, supplements and medications that are consumed in less than one year. Inventory can also be horse tack, hand tools and other miscellaneous noncapital equipment that needs to be tracked and managed for insurance or tax purposes, or both.Inventory is not just the quantity of supplies and material on hand; inventory can have a significant financial impact on your business. The financial impact not only includes the inventoried items cost, but also includes the expense to maintain and properly store inventoried items. To ...

Horse Business ManagementOperating a successful horse business is a laborious task by any measure. Not only are the days long and the work hard, but the ever increasing cost in an unpredictable market only adds to the difficulty and risk.A horse business, like any many other businesses, comes down to three simple principles.Marketing and Sales: No customers, no business.Income and Expenses: It’s not what you make, it’s what you keep.Business Management: If you can’t measure it, you can’t manage it.Most horse businesses start from a love affair with horses. That isn’t a bad thing as long as you don’t let your heart dominate your business decisions. Most ...